Wind has become the ‘most-used’ source of renewable electricity generation in the US

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Last year saw wind generation in the U.S. overtake hydroelectric generation for the first time, according to data from the U.S. Energy Information Administration (EIA). Released Wednesday, the figures from the EIA’s “Electric Power Monthly” report show that yearly wind generation hit a little over 300 million megawatt hours (MWh) in 2019. This was roughly 26 million MWh more than…

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PM Delivery Unit overrides Ogra law to stop further gas tariff hikes

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ISLAMABAD: Amid rising political pressure owing to prevailing price hike, the Prime Minister Office is seeking a drastic cut to revenue requirements of the two gas utilities for current fiscal year to minimise increase in gas rates. The move is likely to cast negatively on the ongoing talks with the International Monetary Fund (IMF), embarrass Oil and Gas Regulatory Authority…

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Ministry gives proposals for slashing LNG prices

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ISLAMABAD: The Petroleum Division has proposed that the government should consolidate all LNG terminal and LNG supply contracts in one state-owned entity in an attempt to eliminate multiple margins and extra port handling charges of state enterprises, a move that will slash prices of imported gas by 5% and make it economical for consumers. At present, different entities are dealing with…

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It’s high time for US firms to invest in Pakistan

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ISLAMABAD: US can provide assistance to Pakistan in the energy sector and the details of projects where economic cooperation can be enhanced are being worked on, said US Secretary Commerce Wilbur Ross. Ross said this in a meeting with Adviser to PM on Finance Abdul Hafeez Shaikh during his visit to Islamabad, which came in the backdrop of talks between Prime…

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Trina unveils two 500 W bifacial solar modules

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The Duomax V and Tallmax V panels are equipped with glass-glass and glass-backsheet frames, respectively. Both offer a reported 21% efficiency and orders will be taken from the second quarter on. Trina plans to have a combined 5 GW of annual production capacity for the products this year. The company intends to have 5 GW of annual production capacity in…

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